Software for data collection and validation
The collection and validation of data for consolidated financial statements often represents a huge challenge for many enterprises. The use of different systems and manually created – usually Excel-based – reporting packages can often lead to mistakes.
With LucaNet.Group Report, you can now collect and validate all your company data in one clearly structured piece of software. The integrated intercompany reconciliation guarantees high data quality, even during the collection phase. The associated clearing wizard identifies errors – such as incorrectly entered reconciliation IDs – during the process to save the user from the tedious work of searching for them manually.
Enter the positions to be reported including intra-group service relationships in the transaction currency and down to the individual document level. Rule violations and differences in the intercompany reconciliation are already indicated at this stage.
If intercompany differences occur during data entry, the documents causing this are displayed separately. The responsible users can then address these differences.
Data acquisition and intercompany reconciliation
Integrated task management provides a clear representation of the data entry and validation process and enables you to take immediate action if deadlines are exceeded.
LucaNet software is certified pursuant to the Institute of Auditors in Germany e.V. (IDW) audit standard PS 880 and is therefore compatible with all principles of proper accounting and control.
Apart from individually configurable converters to MS Excel, the LucaNet.Importer module provides a range of ready-to-use interfaces to all common ERP and financial accounting systems.
LucaNet.Group Report lets you create individual forms for decentralised data collection. Excel reporting packages can also be replaced via the web-based data collection system.
Intercompany reconciliation is absolutely transparent with LucaNet.Group Report. Data is automatically validated during collection, so that differences can be eliminated directly in the collection process.
LucaNet.Group Report is a system-independent tool that can be used with any consolidation software.
Customer success stories
It is quite simple for us: Information provides clarity. Clarity provides transparency. And transparency is the basis for trust. Therefore we have opted out LucaNet.
LucaNet helps to create a profit and loss account, balance sheet and liquidity planning by ready-to-use planning forms at the push of a button.